Performance budgeting is a technique that guides in the evaluation of cost center activities. This approach is intended to evaluate multiple outcomes of cost centers instead of a single output value. As clinical nurse manager you have been asked to develop criteria and evaluate a specific cost center (your choice) using the five steps of the performance budgeting process. As you complete this evaluation consider the concepts of benchmarking, productivity, and variance analysis.
You can go over 1 page if you have to but please do not go over two pages.